filecrux
Oct 22, 1:07 PM
$NVR NVR Q3 net income fell 27% to
$248.6M; gross margin slid to 18.3% from 21.0%.
🏢 Ryan Homes builder and mortgage lender, ~
$15.72B market value at
$5,900/share (16:00 ET Oct 21, 2026)
📉 Q3 2026 orders fell 7% to 4,391 homes and cancellations rose to 21% from 19%
🧾 Margin hit by lot costs, pricing pressure and ~
$24.8M of land deposit write-downs
📈 Backlog rose 10% to 10,121 homes (
$4.59B), and Q3 buybacks were
$237.2M
📅 Next: No outlook or next date in the release; Q4 settlements draw on that backlog
Source: PR Newswire release, Oct 22
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